Cor. Green & Fulton Streets,

CHICAGO, ILL.


6%, 7%.

THE AMERICAN INVESTMENT CO. OF EMMETTSBURG, IOWA,

with a PAID-UP CAPITAL of $600,000, SURPLUS $75,000, offers First Mortgage Loans drawing SEVEN per cent., both Principal and Interest FULLY GUARANTEED. Also 6 per cent. ten-year Debenture Bonds, secured by 105 per cent. of First Mortgage Loans held in trust by the MERCANTILE TRUST COMPANY, New York. 5 per cent. certificates of deposit for periods under one year.

7 2/3% CAN BE REALIZED BY CHANGING 4 Per Ct. Government Bonds Into 6 Per Cent. Debentures.

Write for full information and reference to the Company at

150 NASSAU STREET, NEW YORK.

A.L. ORMSBY, Vice-President and Gen. Manager